EGP · EastGroup Properties appointed two new independent directors, Bethany…

EastGroup Properties appointed two new independent directors, Bethany Logan Ropa and Robyn R. Werner, expanding the board from seven to nine members. This is a routine governance enhancement with no material financial impact.

• Board expanded from 7 to 9 directors with the appointment of Bethany Logan Ropa and Robyn R. Werner as independent directors, effective October 1, 2026.
• Ms. Ropa is CFO of JE Dunn Construction Group and former UBS Managing Director; Ms. Werner is a retired EY Assurance Partner and CPA.
• New directors receive standard compensation: $80,000 annual cash retainer, $145,000 annual restricted stock grant, and $25,000 initial restricted stock grant.
• No arrangements or understandings exist with any other persons regarding their appointments, and no transactions requiring disclosure under Item 404(a).